Moberg Pharma AB announced that Taisho Pharmaceutical Co., Ltd. and Moberg Pharma terminate the license agreement for development, registration and commercialization of MOB-015 in Japan. Moberg Pharma regains full rights to the product in Japan and retains milestone revenues paid by Taisho. Taisho has conducted an extensive review on its R&D pipeline and decided to stop the development on MOB-015 due to strategic reasons.

Therefore, Moberg Pharma now regains the full rights for MOB-015 in Japan.